Altra Fund II Exceeds $300 Mln Target

Altra Investments said Monday that it closed its second pool, Altra Private Equity Fund II LP, and parallel investment funds with $355.8 million in total commitments. The total exceeded the fund’s target of $300 million. Investors included public and private pension funds, funds-of-funds, family offices, sovereign wealth funds, endowments and foundations. Stanwich Advisors acted as financial advisor and placement agent.

Axxon Group Raises $315 Mln With Fund II

Axxon Group has closed its most recent fund with $315 million in LP commitments. Axxon Brazil Private Equity Fund II exceeded its original target of $250 million. Stanwich Advisors served as placement agent. Axxon, with offices in Rio de Janeiro and Sao Paulo, is a PE firm that focuses on the small and mid cap market in Brazil.

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